Buying Opportunities in XAU/USD - Fri, Dec 2 14:37pm. #1 Limit Buy Order Filled Mon, Dec 5, 23:15pm. Cancelled Unfilled #2 Limit Buy Order and Closed Out #1 Open Buy Position @ $1784.07 Thu, Dec 8, 11:45am +$151.05.

Wednesday's speech by Fed chairman Jerome Powell sparked a massive rally in Gold which hit a high of $1804.47 this morning. Prices have since eased back a little. It is possible, we may see further profit-taking towards the 38.2% to 50.0% of the rise from $1723.25 to $1804.47 at $1773.44 to $1763.86 levels respectively. If so, this presents yet buying opportunities.

TRADE IDEAS

#1 Limit Buy @ $1774.00. Buy Order Filled Mon, Dec 5, 23:15pm.

#2 Limit Buy @ $1764.50.

Stop @ $1722.00

Targets: TBA